In a week already packed with dividend announcements from blue-chip names like Microsoft (MSFT), JPMorgan Chase (JPM), and Broadcom (AVGO), one raise stood out for its quiet significance. McDonald’s (MCD) recently reinforced its reputation as one of the stock market’s most dependable dividend payers.
On Sept. 17, McDonald’s Board of Directors declared a dividend increase of nearly 4% from the prior quarterly dividend of $1.86. This increase marks the company’s 50th consecutive year of dividend growth, putting McDonald’s among the rare Dividend Kings, a group of fewer than 60 U.S. public companies that have raised their payouts for at least half a century.
